Treasuries continue to gain ground, seeing a bull flattener today in which long bonds saw yields fall as much as 7bps vs 2bps for shorts, finishing below 4.7% on 30y as the notion of three 25bps cuts by the Fed in the remaining three meetings in 2025 takes hold.

Wall Street traders are bracing for Friday's jobs report, a trio of data that reinforced the view of a cooling labor market, keeping the Fed's bets on rate cuts, which remain in place as it drives even the market higher.

Wall Street traders continued to pile up bets that the Federal Reserve will cut rates in September as weak jobs data improves Those bets also underpinned the market, which halted a two-day rout amid a high-tech rally...

Stocks add to bond slide as 30-year yield nears 5% Wall Street started September on a sour note, stocks down amid heavy corporate debt selling and budget concerns in the developed world. Gold hit an all-time high...

Wall Street traders drove the market lower amid a selloff in technology stocks that have driven the rally following April's crisis. This despite inflation data that did little to alter bets on rate cuts by the Federal Reserve....

The S&P500 touched 6,500pts for the first time in history after a slightly positive close of U.S. indices, in a session of gains in major global assets. In fixed income, treasuries had a bull flattener, with long bonds rising (-5bps) and shorts flat...

Wall Street traders pushed stocks higher ahead of results from Nvidia Corp. - the latest of the "Magnificent Seven" mega-caps to report. With earnings from the world's most valuable company coming soon, the S&P 500 rose as Nvidia recovered from session lows....

Trump said he will fire Fed Governor Lisa Cook over document forgery, which is expected to be a major legal war given the lack of precedent for firing a Fed governor; however, short treasuries rose (yields -5bps) and longs were unchanged. In equities...

The treasury curve gave back some of Friday's advance, rising 3-4bps in yields, along with a 5-8bps rise in Europe. Equities rose in Asia, but fell in the US and Europe on a day of low volume. On the commodities side, energy rose 1.5%, while metals and agriculture fell slightly...